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VOL. 128 | NO. 201 | Tuesday, October 15, 2013

Shelby County Mortgages Up 7 Percent in Third Quarter

The gas tank of Shelby County’s mortgage market continues to be powered by the fuel of low interest rates and more of a willingness from lenders to make new loans.

Downtown Dining

Annual restaurant week adds lunch to mix

They’re one of the most distinctive features of Downtown Memphis. They’ve been the subject of national TV broadcasts, some of them are can’t-miss spots for tourists and the South Main neighborhood alone has more than 20 of them.

Shelby County Schools To Apply For Head Start Funding

Shelby County Schools superintendent Dorsey Hopson said Monday, Oct. 14, the school system will apply for $23 million in federal Head Start funding that now goes to Shelby County government.

City Council to Vote on Bonds, Review Land Swap

Memphis City Council members this week take up $375 million in refunding bonds and general obligation bonds, and discuss a land swap with Church of the River for access to a boardwalk on the Harahan Bridge across the Mississippi River.

Raymond James Boosts Local Community Efforts

A new website and a significant sponsorship are two of the latest ways Raymond James Inc. is demonstrating its commitment to Memphis.

Local Weather
Today
Memphis, TN
65°F
Partly Cloudy
Wind: 3 mph
Humidity: 54%

EVENTS

Methodist South Hospital will host a lunch and learn titled “Breast cancer awareness: prevention, symptoms and treatment options” Tuesday, Oct. 15, from 11 a.m. to 1 p.m. in meeting rooms A and B of the hospital, 1300 Wesley Drive. Cost is free. RSVP to 888-777-5959.

more events »

Local Health Care Changes Limited So Far, Doctors Say

The Oct. 1 start of enrollment in health care exchanges may be the most visible part of the Affordable Care Act so far.

Basar Looks to 2014 County Commission Election

It may be the first time that a Shelby County Commissioner has given public notice of a barbecue.

Benevere Sees Uptick in Bio-Identical Hormone Therapy

Benevere Pharmacy in Collierville says it is seeing an uptick in patients who are benefiting from bio-identical hormone replacement therapy, with many experiencing near-normal hormone levels after identifying a therapy regimen that works for them. Bio-identical hormones differ from traditional replacements because they are compounded to be the same as the body's own hormones on a molecular level.

Redbirds Proving Key Role in ‘Cardinal Way’

The St. Louis Cardinals had just wrapped up one playoff series and were headed to the National League Championship Series with a roster mainly comprised of homegrown players.

GOVERNMENT AGENDA

Oct. 15 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Oct. 15, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Medical Office Facility Sells for $5.9 Million

7865 Educators Lane, Memphis, TN 38133, Sale Amount: $5.9 million -
An affiliate of Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. has paid $5.9 million for the medical office building at 7865 Educators Lane in Northeast Memphis.

LOCAL COLUMNISTS

Get Ready for Year End

Are you and the nonprofits you are involved with ready for the year end? Many nonprofits seek to raise a meaningful percentage of their funds during the last two months of the year. Planning usually begins in August, but it is not too late to make a plan and implement it.

STATE GOVERNMENT

Haslam: Deal to Open National Parks Came Too Late

CLARKSVILLE, Tenn. (AP) – Gov. Bill Haslam says a deal to open national parks in Tennessee for the weekend came too late for the state to send money to the federal government.

NATIONAL BUSINESS

3 US Economists Win Nobel for Work on Asset Prices

STOCKHOLM (AP) – Three American professors won the Nobel prize for economics Monday for shedding light on how stock, bond and house prices move over time– work that's changed how people around the world invest.

Amtrak Carries Record Number of Passengers

WASHINGTON (AP) – Railroad officials say Amtrak carried a record number of passengers in the year ending Sept. 30 despite Northeast service that was temporarily knocked out by Superstorm Sandy.

NATIONAL GOVERNMENT

Obama Meeting With Congressional Leaders Postponed

WASHINGTON (AP) – The White House says a meeting between Obama and congressional leaders has been postponed to give Senate leaders more time to resolve a standoff over the nation's debt and the partial government shutdown.

HEALTH CARE

Brokers Simplify, Confuse Health Exchange Shopping

This month's glitch-filled rollout of the health insurance marketplaces created by federal law is a business opportunity for brokers and agents, but regulators warn that it also opened the door for those who would seek to line their pockets by misleading consumers.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 0 55 1,534
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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